Everest Re : Insurance coverage® Continues World Enlargement with Official Entrance into Spain

MADRID – January 31, 2023 – Everest Insurance®, the insurance division of Everest Re Group, Ltd. (NYSE: RE), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, today announced its expansion into the Spanish market following regulatory approval from the relevant authorities to operate in Spain (trading as Everest). Insurance … Read more

Danger Intelligence A/S indicators a Lloyd’s underwriter up for the Danger Intelligence System and bespoke intelligence help

Risk Intelligence A/S (“Risk Intelligence” or “the Company”) has signed an agreement with another Lloyd’s underwriter, providing access to the Risk Intelligence System as well as bespoke operational intelligence support. The agreement with the underwriter will provide full access to the Risk Intelligence System (MaRisk + PortRisk), bringing the very best maritime intelligence to their … Read more

AM Greatest Affirms Credit score Scores of ACMAT Company and ACSTAR Insurance coverage Firm

AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of ‘bbb’ (Good) of ACMAT Corporation (ACMAT) (Farmington, CT) [OTC Market: ACMT]. Concurrently, AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term ICR of ‘a’ (Excellent) of ACMAT’s wholly owned subsidiary, ACSTAR Insurance Company (ACSTAR) (Chicago, IL). The outlook … Read more

Direct Line Insurance coverage: Group Chief Government to step down and Appointment of Performing Chief Government

Direct Line Insurance Group plc (“the Group”) announces that Penny James has agreed with the Board that she will step down as Chief Executive Officer and as a Director with immediate effect. The Board is initiating a process to identify and appoint a successor CEO. Until that process is complete, Jon Greenwood, currently Chief Commercial … Read more

Department Accelerates Development and Buyer Satisfaction Verisk

COLUMBUS, Ohio and JERSEY CITY, NJ – Branch delivering fast, simple transactions for consumers that improve the customer experience and raise conversion rates by integrating granular reliable data on household risk from Verisk (Nasdaq: VRSK), a leading global data analytics provider. Branch, a personal lines insurer now operating coast to coast with an expanding footprint … Read more

Fitch Downgrades Co-operative Insurance coverage’s Nationwide IFS to ‘BBB(lka)’; Maintains Watch Destructive

Fitch Ratings has been downgraded Co-operative Insurance Company PLC’s (CICPL) National Insurer Financial Strength (IFS) Rating to ‘BBB(lka)’ from ‘A-(lka)’ and maintained the Rating Watch Negative (RWN) following the recent sovereign downgrade and recalibration of the agency’s Sri Lankan national rating scale . The recalibration is to reflect changes in the relative creditworthiness among Sri … Read more

Fitch Downgrades Co-operative Insurance coverage’s Nationwide IFS to ‘BBB(lka)’; Maintains Watch Damaging

Fitch Ratings has been downgraded Co-operative Insurance Company PLC’s (CICPL) National Insurer Financial Strength (IFS) Rating to ‘BBB(lka)’ from ‘A-(lka)’ and maintained the Rating Watch Negative (RWN) following the recent sovereign downgrade and recalibration of the agency’s Sri Lankan national rating scale . The recalibration is to reflect changes in the relative creditworthiness among Sri … Read more

Fitch Downgrades Seven Sri Lankan Insurers’ Nationwide IFS Scores; Maintains Watch Destructive

Fitch Ratings has downgraded the National Insurer Financial Strength (IFS) Ratings of seven Sri Lankan insurers following the recent sovereign downgrade and recalibration of the agency’s Sri Lankan National Rating scale. The seven insurers’ ratings have been maintained on Rating Watch Negative (RWN). The recalibration is to reflect changes in the relative creditworthiness among Sri … Read more

AM Finest Revises Outlooks to Unfavourable for Put up-Telecommunication Joint Inventory Insurance coverage Company

AM Best has revised the outlook to negative from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of ‘bbb’ (Good) of Post-Telecommunication Joint Stock Insurance Corporation (PTI) (vietnam). The ratings reflect PTI’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating … Read more

China Life Insurance coverage: Announcement on the Resolutions of the Twentieth Assembly of the Seventh Session of the Board of Administrators of China Life Insurance coverage Firm Restricted – Type 6-Okay

Announcement on the Resolutions of the Twentieth Meeting of the Seventh Session of the Board of Directors of China Life Insurance Company Limited The twentieth meeting (the “Meeting”) of the seventh session of the Board of Directors (the “Board”) of China Life Insurance Company Limited (the “Company”) was held on January 18, 2023 in Beijing. … Read more